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Kvika banki hf.: Commercial paper auction 23 June 2020

Written by Customer Service on . Posted in Public Companies.

Kvika banki hf. will hold a commercial paper offering Tuesday 23 June 2020.The 6-month series KVB 20 1221 will be offered to investors in the nominal amount ISK 2,000 million. The auction will be structured as a single-price auction, which means that all accepted bids will be sold to investors at the same price. The lowest accepted price (highest yield) will determine the selling price. The Payment and settlement date is 25 June 2020.Further information is available at Kvika banki Capital Markets tel. +354 540 3220 or vixlar@kvika.is

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